MARKET CLOSE: NZ shares gain, led by Tower, Orion Health, A2 Milk

Thu, 08 Dec 2016

By Sophie Boot Dec. 8 (BusinessDesk) - New Zealand shares rose as Tower extended its gains from a 16-year-low and Orion Health Group climbed, with global equity markets gaining ahead of an announcement from the European Central Bank overnight that may include an extension to its quantitative easing. The S&P/NZX50 Index gained 26.24 points, or 0.4 percent, to 6,916.01. Within the index, 30 stocks rose, 14 fell and seven were unchanged. Turnover was $138 million. Tower led the index, up 5.2 percent to 81 cents. The stock has risen 13 pe...

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